PB Fintech Limited
Viridian bought 7 lakh shares of PB Fintech Limited for ₹100.46 Cr at ₹1435.10 apiece in a block deal. Viridian was among the institutional investors that absorbed a 1.04% stake in PB Fintech from Tencent Cloud Europe B.V. in a block deal where a total of 48.4 lakh shares changed hands for ₹694.65 crore at ₹1435.1 per share.
India's largest online platform for insurance and lending products, PB Fintech operates through its flagship brands Policybazaar and Paisabazaar. The company provides convenient digital access to insurance policies, credit products, and other financial services to customers across the country. Its distinctive model aggregates offerings from multiple providers, enabling customers to compare, evaluate, and purchase financial products online without visiting physical branches.
Hong Kong based investment manager focused on equity capital markets across Asia Pacific, covering IPOs, placements, block trades and convertible bonds. The firm was founded in 2024 and runs a small team out of Central. Its Indian activity sits almost entirely in recently listed technology and consumer names, built through block deals rather than open market buying.